Promoter group inclusion expands disclosure and trading restrictions to members of the promoter group under insider trading rules. The amendment defines promoter group by reference to the Issue of Capital and Disclosure Requirements regulations and expressly inserts 'member of the promoter group' into regulation 7, extending the regulation's trading restrictions, disclosure obligations and designated-person scope to include promoter-group members.
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Provisions expressly mentioned in the judgment/order text.
Promoter group inclusion expands disclosure and trading restrictions to members of the promoter group under insider trading rules.
The amendment defines promoter group by reference to the Issue of Capital and Disclosure Requirements regulations and expressly inserts "member of the promoter group" into regulation 7, extending the regulation's trading restrictions, disclosure obligations and designated-person scope to include promoter-group members.
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